BitVentures (BVC) Net Margin (2020 - 2023)
BitVentures' (BVC) quarterly Net Margin came in at 5.42% in Q2 2023, down 991.0% year-over-year from 0.61% in Q2 2022, and down 64.63% quarter-over-quarter from 15.33% in Q2 2022.
Analysis
BitVentures (BVC) Net Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Net Margin for 4 consecutive years, with 5.42% the latest figure, recorded in Q2 2023.
- On a quarterly basis, Net Margin fell 991.0% year-over-year to 5.42% in Q2 2023; TTM through Jun 2023 was 11.29%, a 207.0% decrease from a year earlier, with the FY2024 full-year figure at 3.41%, up 1933.0% from the prior year.
- Net Margin was 5.42% for Q2 2023 at BitVentures, down from 15.33% in the prior quarter.
- Over five years, Net Margin peaked at 15.33% in Q2 2022 and troughed at 5.42% in Q2 2023.
- A 4-year average of 10.8% and a median of 11.14% in 2021 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 399 bps in 2021 and slumped 991 bps in 2023, its largest moves.
- Over 4 years, Net Margin stood at 8.38% in 2020, then jumped by 48 bps to 12.36% in 2021, then climbed by 24 bps to 15.33% in 2022, then plunged by 65 bps to 5.42% in 2023.
- The last three Net Margin figures came in at 5.42% (Q2 2023), 15.33% (Q2 2022), and 12.36% (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 17.44% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 13.31% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 8.09% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 9.53% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 17.24% |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 16.54% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 11.82% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 1.72% |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 5.42% |
| Jun 30, 2022 | 15.33% |
| Jun 30, 2021 | 12.36% |
| Mar 31, 2021 | 13.37% |
| Jun 30, 2020 | 8.38% |
| Mar 31, 2020 | 9.91% |